TH Real Estate has promoted Michael Neal to chief investment officer of its Europe and Asia Pacific business.
Previously head of UK investment, Neal will co-ordinate the delivery of the firm’s investment strategy. In his 10 years with the business he has been a fund manager for the UK Retail Warehouse fund and fund director for a series of UK and European balanced funds.
Ray Adderley has also been promoted to global head of performance and investment process.
Three others have been appointed to new European sector head positions: Nick Deacon for European offices, Myles White for European retail, and Thorsten Kiel for European logistics and industrial. Christian Janssen continues in his role as head of European debt.
Mike Sales, head of TH Real Estate, said: “The environment within which we operate is changing rapidly, with widespread consolidation within both public and private real estate markets. In particular, the occupier market is evolving at pace.
“We need a more seamlessly connected global strategy that provides the right platform to accommodate the growth and solutions now embedded in our product offering. We need to operate our European investment platform in a way that can most efficiently provide for the future needs of clients in a way that enables us to fully leverage the benefits of our scale, both commercially and operationally.”
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